njvj wrote:Re: Simplification Advice.
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One of the objectives for 2013 is the simplify the things and that is where I am looking for advice.
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How can I simplify the portfolio with the objectives above?
If you want the "Gone Fishn' Portfolio", you get complex not simple, that is :
•Vanguard Total Stock Market Index (VTSMX) – 15%
•Vanguard Small-Cap Index (NAESX) – 15%
•Vanguard European Stock Index (VEURX) – 10%
•Vanguard Pacific Stock Index (VPACX) – 10%
•Vanguard Emerging Markets Index (VEIEX) – 10%
•Vanguard Short-term Bond Index (VFSTX) – 10%
•Vanguard High-Yield Corporates Fund (VWEHX) – 10%
•Vanguard Inflation-Protected Securities Fund (VIPSX) – 10%
•Vanguard REIT Index (VGSIX) – 5%
•Vanguard Precious Metals Fund (VGPMX) – 5%http://www.investmentu.com/research/gon ... folio.html
and Twins Fan
indicated, we often use a much simpler approach here, for example : Wiki article link: Three-fund portfolio
One way to improve your portfolio is to invest your cash in the funds included in your intended asset allocation, that is the funds you otherwise hold.
A second way to improve your portpolio is to improve tax efficiency via better fund placement. In other words, bond funds are tax-INefficient are are best not held in a taxable account. Large cap and total market type stock index funds give better tax efficiency and can be held in a taxable account. Wiki article link: Principles of Tax-Efficient Fund Placement
A third way you could improve your portfolio is by better diversification, that is reduce or eliminate your individual stock holdings.
For example:Taxable Accounts
Cash - 242K, <= not a productive investment, has negative real return
Vanguard MSCI Emerging Markets ETF VWO - 71K
Vanguard MSCI Europe ETF VGK - 3K
Market Vectors Gold Miners ETF - GDX - 50K
Vanguard MSCI Pacific ETF VPL - 82K
Misc Personal tech Stocks - 142K, <= ~ 10% of portfolio in individual stocks in a single sector is not as diversified as usual here
Vanguard Small Cap ETF VB - 84K
iShares Barclays TIPS ETF TIP - 6K, <= not tax-efficient, better located in a tax protected account
IBond - 33K
Vanguard Total Bond Market ETF BND - 8K, <= not tax-efficient, better located in a tax protected account
Total Stock Market ETF Return
VTI - 106K
One reason there have been few responses is that you used ticker symbols without full fund names, most of us have not memorized many ticker symbols. I had to look up several of the ones you used.
You could also improve your potfolio and simplify somewhat by using Vanguard Total International in place of the three international funds you use in each account. Letsgobobby
asked "Do your taxable holdings have gains or losses?", but you did not respond. This will have a bearing on whether, and how, to shift tax-INefficient holdings to a tax protected account.
Is there a reason you are using ETFs instead of Admiral class mutual fund shares?
Is there a reason you are using Market Vectors Gold Miners ETF - GDX, rather than Vanguard's Precious Metals and Mining?
Is there a reason you are using iShares Barclays TIPS ETF TIP, rather than a Vanguard TIPS fund or individual TIPS bonds?
Where is (are) the taxable account(s)? How many are there?
Where is (are) the 401k(s)?
How much do you expect to be able to contribute toward investing annually during the next few years?
Do you have any IRAs? If so how many and where?
Do you want to stick with "Gone Fishn' ", or try something else?